Two Valley construction projects among largest in the nation – ABC15 Arizona in Phoenix

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Two Valley industrial enchancment tasks are Amongst The numerous prime 20 provides Inside the nation for 2022, Based mostly on A mannequin new report by Website Selection journal.

Intel Corp.’s $20 billion addition of two new fabs at its Ocotillo Campus in Chandler ranked No. 5 and Kore Power Inc.’s $500 million lithium-ion battery storage manufacturing facility in Buckeye acquired here in at No. 19 on the itemizing of prime provides. Every enterprise Is predicted to create 3,000 jobs.

The journal’s rankings are based on 2021 agency finish-consumer facility funding enterprise knowledge — particularly capital expfinishiture and job creation knowledge — from the Conway Projects Database which is maintained by Website Selection writer Conway Data.

Arizona’s semiconductor sector continues to develop, and the journal famous that the Valley is the fourth largest market Inside the U.S. For staff Inside the sector. Truly, That is the second yr in a row that A critical chipmaker enterprise has appeared Inside the journal’s rankings. Final yr, Taiwan Semiconductor Manufacturing Co.’s $12 billion plant in north Phoenix — which stays on schedule for manufacturing To start in 2024, agency officers said this week — was the nation’s largest enterprise Inside the journal’s survey.

Study extra of this story from the Enterprise Journal.

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